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SMEs spend £1700 on average each year maintaining company cars, says RAC
Date: 13 May 2015 | Author: Daniel Puddicombe
Small businesses are spending around £1700 on average each year maintaining each company car, according to research by RAC Business.
The motoring organisation claimed that one in five spends more than £2000 a year per car.
In the survey of 1000 businesses, which was conducted during the first quarter of the year, found that 37% of firms in Scotland are paying between £3000 and £4000 annually in company car maintenance, the highest amount in the UK.
By comparison, firms in the East Midlands are the least affected financially with 44% spending between £1000 and £1500 on servicing each of their company cars per annum.
"Keeping a company car fit for purpose does require regular and thorough maintenance - without it, a business is looking at a hefty price tag in terms of unexpected servicing and breakdown costs," said Jenny Powley, RAC sales director for corporate partnerships.
"With the economy still in a fragile state, as business owners know too well, it is vital to keep those unexpected costs to a minimum by looking at different options for your fleet," said Powley.
